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Pan India Food Solutions approves up to Rs. 260 million of debentures
By Wendy Van Sickle
Columbus, Ohio, Aug. 6 – Pan India Food Solutions Pvt. Ltd.’s board of directors approved the allotment of up to Rs. 260 million of series 1, tranche 2, rated, secured, redeemable, nonconvertible debentures, according to a notice with the Bombay Stock Exchange.
The debentures have a face value of Rs. 1 million each and will be issued on a private placement basis.
The retail restaurant business, whose brands include Noodle Bar, Bombay Blue and Gelato Italiano, is based in Mumbai.
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